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EIN 36-4313685

World Business Chicago

IRS 501(c) type
501(c)(3)
Num. employees
65
City
Chicago
State
Illinois
Year formed
1999
Most recent tax filings
2022-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
World Business Chicago drives inclusive economic growth and job creation, supports business, and promotes Chicago as a leading global city. As the city's public-private economic development agency, WBC achieves its mission through three main areas: attracting and retaining businesses, fostering inclusive economic growth and creating jobs, and implementing international strategic initiatives and cultural exchange programs.
Total revenues
$11,317,735
2022
Total expenses
$11,739,073
2022
Total assets
$12,703,057
2022
Num. employees
65
2022

Program areas at World Business Chicago

World Business Chicago (wbc) drives economic growth through three main areas: Business attraction and retention, inclusive economic growth and jobs, international strategic initiatives and cultural exchange through the Chicago sister cities program.

Grants made by World Business Chicago

GranteeGrant descriptionAmount
Allies for Community Business (A4CB)Economic Recovery Programming$261,800
Chicago Loop Alliance FoundationEconomic Recovery Programming$42,000
University of Illinois FoundationEconomic Recovery Programming$25,000
...and 4 more grants made

Who funds World Business Chicago

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Chicago Community TrustGeneral Operating Support, Support for Gala (No Tickets Or Tangible Benefits)$470,000
The Future Wanxiang FoundationGeneral Support$100,000
Fifth Third Chicagoland FoundationCommunity$100,000
...and 14 more grants received

Personnel at World Business Chicago

NameTitleCompensation
Christopher CranePresident and Chief Executive Officer$0
David R. CasperChair and Chief Executive Officer$0
Don WilsonFounder and Chief Executive Officer DRW$0
Ed TillyChairman and Chief Executive Officer$0
Eric LefkofskyChief Executive Officer Tempus$0
...and 46 more key personnel

Financials for World Business Chicago

RevenuesFYE 12/2022
Total grants, contributions, etc.$11,327,603
Program services$146,010
Investment income and dividends$6,420
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-162,298
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$11,317,735

Form 990s for World Business Chicago

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-12990View PDF
2019-122021-04-01990View PDF
2018-122020-01-24990View PDF
...and 9 more Form 990s
Data update history
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $100,000 from Fifth Third Chicagoland Foundation
December 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 24, 2023
Used new vendors
Identified 2 new vendors, including , and
December 24, 2023
Received grants
Identified 5 new grant, including a grant for $33,800 from Northwestern Memorial Healthcare (NMHC)
August 19, 2023
Received grants
Identified 16 new grant, including a grant for $100,000 from Aon Foundation
Nonprofit Types
Grantmaking organizationsPublic sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Fundraising eventsOperates internationallyState / local levelReceives government fundingCommunity engagement / volunteeringGala fundraisersTax deductible donationsAccepts online donations
General information
Address
180 N Lasalle St 2505
Chicago, IL 60601
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
worldbusinesschicago.com/ 
Phone
(312) 553-0500
Facebook page
WorldBusinessChicago 
Twitter profile
@worldbizchicago 
IRS details
EIN
36-4313685
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1999
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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